The Karachi branch of the Federal Revenue Board (FBR) discovered a scam worth millions of rupees in which car dealers registered cars by misusing the Computerized National Identification Cards (CNICs).
While investigating a case against Muhammad Khadeen, FBR’s Anti-Benami Karachi office uncovered an enormous fraud along with tax evasion according to the source.
The dealers were found to have registered in the name of Khadeen around 400 luxury cars worth trillions. Suzuki Riaz Motors, Zeeshan Autos and Suzuki south, and several other sub-dealers are all suspected to be involved in this.
Zone-III, an anti-Benami initiative, has ordered the car dealer to appear before them according to reports, the one who bought the cars from Pak Suzuki Motors in Khadeen’s name. The sources added that owners of the showroom expressed willingness to send a million-dollar number.
Apart from this, another case was found in which an individual from a car vendor purchased 32 cars on a CNIC belonging to a deceased man and FBR launched an action against him.